1037 Milford Bay Rd

Muskoka Lakes | | P0E 1E0
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$3,099,000

Est. Mtg $10,508 /mo
  • Days on market

    35

  • Status

    New

Listing Broker PSR
Since listed: 2 views

Home details

MLS #:

X8400316

Property type:
Multiplex
Style:
2-Storey
Taxes:
$5,421
Possession:
Flexible
Lot Front:
145.0   Feet
Lot Depth:
312.0   Feet
Basement:
Crawl Space |
Driveway Pkg:
18
Heat:
Electric | Baseboard

Description


1037 Milford Bay Rd, , Muskoka Lakes, Ontario is a Multiplex property in Muskoka Lakes and in the community in the P0E 1E0 postal code


Attention Muskoka Investors! Own A Piece Of Lake Muskoka With This Fully Renovated 11-Unit Lakefront Resort. Featuring 146 Feet Of Gently Sloping Beach, Expansive Dock & Sprawling Park-Like Beach Area, This Property Offers Personal Enjoyment & Investment Value. Nestled In Prestigious Milford Bay With Stunning West-Facing Sunsets, This Paradise Offers Boating, Water Sports, Swimming, Hiking, Elegant Dining & Quaint Shopping. Adjacent To Huckleberry Rock With Scenic Trails, The Lodge Is Conveniently Located Near Bracebridge & Port Carling. The Professionally Renovated Lodge Includes Fully Rented Units In High Demand, Ensuring Excellent Cash Flow. Governed Innkeepers Act, Offers Flexibility For Daily, Weekly, Monthly Rentals. The Resort Includes Four Studios, Two One-Bedroom Units, Four Two-Bedroom Units, One Four-Bedroom Unit & On-Site Coin Laundry. Plan To Rent The Entire Resort, Occupy A Unit Yourself, Or Plan Accordingly. Lake Muskoka Lodge Business Transferability. Rare Opportunity!.

Extras

See Schedule C..


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-06 $3,099,000 $3,099,000 New X8400316
2024-06 $3,099,000 $3,099,000 X8400308
2024-06 $3,150,000 $3,150,000 X8242234

Comparables

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sold Date Address List Price sold Price DOM
2024-02 29 Lincoln Ave, $599,900 $568,000 20
2024-01 33 Centre St, $2,300,000 $2,100,000 78
2021-12 29 Laren St, $2,500,000 $2,250,000 120
2020-12 123 Lingham St, $1,085,000 $1,215,000 29
2020-11 245 Detroit St, $1,500,000 $1,400,000 30

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Muskoka Lakes :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1037 Milford Bay Rd

Based on available 3rd party data

$11094

Approximate costs per month

Mortgage
$10508 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$451 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Beach
  • Golf
  • Hospital
  • Lake/Pond
  • School
  • Waterfront
Listing Broker PSR
Data Source: TRREB

Payment calculator

$10959 monthly. In association with: TD Bank
%
  • Principal and Interest
    10508 /mo
  • Property Taxes
    $451 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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